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Bldg #5 1736 33rd St 12,100 sq ft 100% Let Office Property Orlando, FL 32839 £9,347,192 (£772.50/sq ft) 7.43% Net Initial Yield
EXECUTIVE SUMMARY
This Two building surgical and medical office complex is located on 1724 and 1736 33rd
Street in Orlando FL. 1736 33rd features a state of the art 12,000 sf accredited licensed
ambulatory surgery center with 2 OR's, 3 large procedure suites14 pre-op/PACU bays which
leased by Orlando Outpatient Surgical Center in April of 2019 for fifteen years. 1724 33rd is a
fully occupied multi-tenant medical office building the upstairs was completed and
occupied by Florida Pain Relief Group in 2018 for fifteen years. The downstairs was split into
three class A medical office suites obtaining its CO's in May of 2021. By July 2021 it was fully
leased to three separate tenants, all leases were assumed by Pineapple Healthcare, Inc.,
thru 6/30/2031.
Street in Orlando FL. 1736 33rd features a state of the art 12,000 sf accredited licensed
ambulatory surgery center with 2 OR's, 3 large procedure suites14 pre-op/PACU bays which
leased by Orlando Outpatient Surgical Center in April of 2019 for fifteen years. 1724 33rd is a
fully occupied multi-tenant medical office building the upstairs was completed and
occupied by Florida Pain Relief Group in 2018 for fifteen years. The downstairs was split into
three class A medical office suites obtaining its CO's in May of 2021. By July 2021 it was fully
leased to three separate tenants, all leases were assumed by Pineapple Healthcare, Inc.,
thru 6/30/2031.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Property Size
12,100 sq ft
Costar Property Class
B
Year Built/Renovated
2005/2019
Price
£9,347,192
Price per sq ft
£772.50
Yield
7.43%
NOI
£694,195
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
6,050 sq ft
Plot ratio
0.38
Total Plot Size
0.73 ac
Use Class
PD, Orlando - COMMERCIAL
Parking
44 Spaces (3.64 Spaces per 1,000 sq ft Leased)
AMENITIES
- Bus Route
1 1
PROPERTY TAXES
| Parcel Number | 10-2329-3871-00-020 | Improvements Assessment | £2,994,556 |
| Land Assessment | £361,913 | Total Assessment | £3,356,469 |
PROPERTY TAXES
Parcel Number
10-2329-3871-00-020
Land Assessment
£361,913
Improvements Assessment
£2,994,556
Total Assessment
£3,356,469
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Bldg #5 | 1736 33rd St
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